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A U.S. Treasury bill with 182-day maturity sells at a bank discount yield of 7 percent. a. What is the price of the bill? (Do

A U.S. Treasury bill with 182-day maturity sells at a bank discount yield of 7 percent.

a. What is the price of the bill? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit $ sign in your response.)

Price of the bill $

b. What is the 182-day holding period return of the bill? (Do not round intermediate calculations. Round your answer to 4 decimal places.)

Holding period return of the bill %

c. What is the bond equivalent yield of the bill? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Bond equivalent yield of the bill %

d. What is the effective annual yield of the bill? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Effective annual yield of the bill %

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